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NABEP targets 1 million bpd from Venezuela’s 17 oilfields

Oct 30, 2026 10:30 (4h ago)

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NABEP assumed control of 17 Venezuelan oilfields under agreements with Washington and Venezuela.
NABEP targets more than 1 million bpd, up from about 224,000 bpd in mid-October.
The company took operational control of 14 additional fields on October 1.